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Q. |
What are gilt-edged securities? |
A. | Securities issued by the multinational companies. |
B. | Securities issued by the Government |
C. | Securities issued by the private sector |
D. | Securities issued by the joint venture companies |
Answer» B. Securities issued by the Government | |
Explanation: Gilt-edged securities are bonds issued by governments. They are government securities, i.e., instruments issued by the government to borrow money from the market. Gilt-edged securities are a high-grade investment with very low risk. |
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